OYENTE

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Enlightening and Hopeful Economic Ideas

Total
5 out of 5 stars
Ejecución
3 out of 5 stars
Historia
5 out of 5 stars

Revisado: 10-25-18

Coming more and more to appreciate the seemingly inescapable power of economies to shape the future destiny of humanity and the world, I wondered if and how they might be both shaped and unleashed as forces for the greater social good. Mazzucato masterfully journeys through the history of economic thought and theories of value, and reveals beautiful win-win public-private partnerships, both historical and contemporary, which together create incredible value for society, and lead to astonishing innovations (computers, internet, gps, materials science, artificial intelligence)... to name a few.

Some fascinating takeaways for me:

-Creating value involves everyone and everything in society, and societal determinations about what is valuable, is at the heart of Economics.

-Economies are like biological ecosystems, full of symbiotic relationships, diverse and able to be shaped.

-Adam Smith's idea of free markets meant, "free from rent seekers who extract, rather than help create, value."

-The public sector, not VC or PE, has historically been the primary investor during the highest risk early phases of innovation, research and experimentation, taking technological developments to the point where they are viably successful, and then VC and PE can rapidly expand and bring those innovations to market. This vital contribution of society's visionary, explorative, and risk taking potential needs to be acknowledged, valued, and encouraged in healthy economies.

-"After all, if we cannot dream of a better future, and try to make it happen, there is no real reason why we should care about value."

Tons more to explore...well worth the listen~

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esto le resultó útil a 4 personas

Profound & mind-expanding economics tour de force

Total
5 out of 5 stars
Ejecución
5 out of 5 stars
Historia
5 out of 5 stars

Revisado: 08-27-18

Buckle your seat belt and open your mind~ Tooze explores a panoply of the social, political and economic dimensions of contemporary and historic economic crises. I found many of my foundational perspectives and worldviews both expanded and challenged, and was astounded by Tooze's ability to effectively communicate multiple perspectives on key emerging events along the timeline of multiple-interrelated economic crises around the world. In an age of rapidly evolving globalism, he rightly, I believe, conveys the urgency of vigorous exploration of these interrelations in our efforts to understand and steer our economic and political institutions and policies. ~A fascinating and deeply enriching exploration~

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